The votes are in and President Obama has a second term with a virtual guarantee that he will again face a gridlocked Congress. So what is a president to
do?

Those suggesting Obama reach out to Republicans forget President Clinton’s second term, when his impeachment became the top priority of congressional Republicans.

Governor Romney and a good many pundits are calling for him to reach out to the same Republican opponents who made a pact after his first term election to do everything in their power to assure the failure of his presidency—and persistently voted as a solid bloc to fulfill that promise.

Some suggest it may be different in President Obama’s second term because he will not be running again. They forget President Clinton’s second term, when
his impeachment on the flimsiest of grounds became the top priority of congressional Republicans.

When Senator Obama won the election that put him in the White House, I wrote a national address I hoped he might
deliver as president outlining policies for a new economy equal to the challenges of the 21st century. Since he did not choose to deliver it during his
first term, I was thinking I might dust it off and put forth a similar proposal for his second term.

Reading it now, I realize that most of what I proposed requires congressional action that will never happen so long as congress remains captive to
my-way-or-the-highway extremists. President Obama will have his hands full simply getting a budget bill through Congress that is adequate to keep the
country running and avoid a financial default. If he succeeds in this, it will be a heroic accomplishment.

That said, there is critical need to move the nation forward to address urgent questions mostly or totally absent from the political debates of this
now-past election cycle—including climate change, extreme inequality, and the corruption of our political and electoral processes. Realistically, the next
congress is not going to move us forward on any of these issues, no matter what President Obama does.

Any progress on these matters at the federal level will depend on using the considerable powers of the administrative branch of government—and President
Obama should give high priority to doing so. That said, I do believe that most Americans are fed up with the scorched-earth politics of ideological
extremists with deep-pocket sponsors.

There is a need and opportunity for President Obama to reach across political lines to launch a national conversation that involves all Americans,
irrespective of political affiliation, interested in addressing the three defining challenges of a 21st-century world:

Providing every person with the opportunity for a healthy, secure, and meaningful life; and

Achieving true democracy in which every person’s voice counts.

This conversation has the potential to force a realignment of both of America’s major political parties and might well lead, over time, to a significant
restructuring of America’s political institutions to create effective space for a far greater range of voices.

A second-term President Obama can afford to take the lead in engaging such a conversation specifically because he will never again be campaigning for
re-election. It could be his most significant legacy for America and for the world.

Interested?

How we can call out the myths, restructure the banking system, shut down the con game, and take back America.

Step by step we can reclaim for Main Street the economic and political power that Wall Street now holds and create a world that truly works for all.

No one of us can do it alone. If, however, we each contribute according to our distinctive gifts and circumstances, together we can turn the human course.

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